People below the age of 21 years are going to find it rather difficult to get a credit card since the introduction of the CARD Act which has been forward in 2009. The CARD Act stands for Credit Card Accountability, Responsibility and Disclosure.
From the beginning of the year 2010, individuals below the age of 21 years will not be permitted the issue for a credit card unless they provide with proof or evidence to suggest that they will cash out their loans and leave no unclear debts.
Several blogs have started protesting against this Act already because in a way people below the age of 21 years are being singled out and treated unfairly from the rest as legally they do qualify as adults.
